Mark Carney, Chairman of the Financial Stability Board, said banks had infused fresh capital amount to half a trillion dollars since 2009.
Investors
KeyLemon receives USD1.5 million Series A funding
Swiss startup KeyLemon had received USD1.5 million in Series A funding from Debiopharm Investment and Swisscom Ventures.
Istithmar World appoints new CEO
Istithmar World announced the appointment of Ziad Makkawi as its new CEO. The state owned conglomerate of the United Arab Emirates, Dubai World, announced the completion of a USD 25 billion debt restructuring in 2011.
CEOs of Vodafone and Verizon near goal of separation
With the pending completion of the third largest deal in history, the CEOs of Verizona and Vodafone are near the goal that had eluded their predecessors.
Emirates NBD to hire Manoj Chawla
two sources told Reuters that Emirates would hire former Standard Chartered Plc's executive Manoj Chawla as its Chief Risk Officer.
Latest News
John Malone, the US cable magnate who owns Liberty Global Plc said the company would consider proposals but is content with how the company is at present.
Findim Group said it would be willing to support the sale of Telecom Italia's shares for as long as a plan to return value to its shareholders was put in place.
Fotowatio Renewable Ventures won financing from two Australian banks to finance its Royalla solar project.
Mumbai-based Kingfisher Airlines sued International Aero Engines for engine defects. Mumbai-based Kingfisher Airlines Ltd filed a lawsuit against International Aero Engines (IAE) for defects in the planes' engines.
Malaysian media outlet PopDigital acquired lifestyle platform Tongue in Chic Malaysia-based PopDigital Sdn Bhd said in an announcement that it has acquired lifestyle platform Tongue in Chic.
Global Ports Investments announced that it had agreed to acquire the National Container Company for USD 652 million.
A deal between China COSCO Holdings and Piraeus would pave the way for privatization of the largest port in Greece.
Imperial Tobacco announced that it would buy the e-cigarette unit of Dragonite International Ltd in a deal worth USD 75 million.
Japanese E-commerce giant Rakuten acquired video streaming site Viki for a reported USD200 million. According to a Techcrunch report, e-commerce site giant Rakuten acquired global video site Viki and would sign a reported USD200 million buyout agreement tomorrow.
